I was stopped out of both AAPL and LNKD yesterday just in time for the reversal upward. Ain't that today's market? That can happen when stops are at support levels, you get whipsawed and watch your stock recover the losses. Hey it happens. Next trade.
So today I got right back in AAPL, although at a higher price. Also entered MGAM and NTSP, which held their gains to the close. Took LF early but it gave up its gains and is not looking too good.
TNA Method triggered a buy signal today on the close, bought just after hours. Running a $3 stop under entry for now.
Final MM figures look like a 600+ positive breadth day today with breadth improving on the secondary indicators. Although we gapped up and stayed there, it was noticeable what we DIDN'T do, and that was sell off on the gains. Recent behavior would lead one to expect heavy profit taking for the weekend and that did not happen, so we will see what the shortened week brings next week. I don't expect a lot of volume but will take what the market makes available.
Have a great weekend. It is 106 degrees today and the weekend forecast calls for the same, so I should be able to do some research this weekend and be ready for earnings season which is just ahead. Cheers.
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